SOCHI, Russia, Feb. 23 (Yonhap) -- As the 2014 Winter Olympics drew to a close here in Russia, the eyes of the sporting world turned to the South Korean town of PyeongChang, the host of the next Winter Games in 2018.

The Olympic Flag was handed over from Sochi to PyeongChang during the closing ceremony at Fisht Olympic Stadium on Sunday, and it will be kept in the South Korean host over the next four years.